Do You Use Accounting Software? Don’t Forget The Mobile Apps
You may be using cloud accounting software such as Xero or Quickbooks on your desktop PC. But there are also […]
Bookkeeping
Are you paying dividends legally?
It is common for a limited company to remunerate the directors/shareholders via a combination of dividends and salary. A dividend
VAT errors…
VAT Errors can happen due to a variety of circumstances – and far too many and various to list here.
The Budget and VAT
From 1 April 2024, the VAT registration threshold and deregistration thresholds each increased by £5,000 to £90,000 and £88,000 respectively.
Cash basis of accounting – is it right for you?
HMRC are removing many of the restrictions on the use of the cash basis, reducing the complexity of tax returns
Are you claiming VAT at the appropriate rate on expenses?
Many software packages have a “default VAT rate” which can be set for each expense code. This can speed up
Cash flow is essential – make it easy for customers to pay
Cash flow is vital for business success and most people are aware of the phrase – Cash is King. Your
Payroll changes in January 2024
This is another tax year in which the Chancellor decides to change rates during the tax year rather than from
Reporting and management information!
What information do you get regularly from your accounting software? How automated is this reporting? How many reports are created
The Autumn Statement and the effect on small businesses
The government has announced a cut to the main rate of Class 1 employee NICs from 12% to 10% from